CEA's Shapiro Applauds Immigration Proposal

Arlington, Va. - Gary Shapiro,
president/CEO of the Consumer Electronics Association (CEA) is applauding the
introduction of strategic immigration legislation proposed in the U.S. Senate
last week.

The legislation is called the Startup
Act and is being sponsored by Sens. Jerry Moran (R-Kan.) and Mark Warner
(D-Va.).

Shapiro said in a statement, "Strategic
immigration has long been a key tenet of CEA's Innovation Movement, through
which we promote innovation as a key national priority for America's economic
success."

He added, "We applaud Sens. Moran
and Warner for introducing the Startup Act, and in particular the provisions to
create a STEM Visa for up to 50,000 immigrants per year who graduate from U.S.
institutions with a Masters or Ph.D. in science, technology, engineering or
mathematics (STEM); and to create an Entrepreneur's Visa for up to 75,000
immigrant entrepreneurs who register a business and employ at least two
non-family member employees, and invest in their business within one year of
obtaining the visa."

Shapiro asserted, "America can
only remain strong if we are a magnet for the world's best and brightest. The
bold strategic immigration proposals in the Startup Act will help get America's
economy moving. As a country we must do more to support and foster innovation
and entrepreneurialism, and the introduction of the Startup Act is an important
step forward."